Okwu pụrụ iche iji nweta ụlọ na-adịghị arụ ọrụ 100% N'ahịa Ọgwụgwụ, nke a bụ ụlọ nke owu dị iche iche, nke nwere ọnụ ụzọ 4 nke nwere apartments 4 nke nke ọkụ na-enwu gbaa na 1 ụlọ ahịa nke na-enye ego ozugbo na nnukwu ohere site na mmezi azụmahịa, ma ọ bụ mmepe ikike ikuku, 205 East 120th Street, New York, NY 10035 dị na ọdịda anyanwụ nke Third Ave, n'ime otu n'ime ụzọ mgbasa nke Manhattan nke nwere mmepe dị elu na nrụgide nke ọma na 1031-Exchange kwadebere.

Ụlọ ahụ nwere ihe ruru 3,600+- SF na-ahụ maka njikọta, arụmọrụ, na mgbanwe - dabara adaba maka ndị na-etinye ego ma ọ bụ ndị nwe ụlọ na-achọ ị nweta uru ogologo oge na ọnụego ego ozugbo. Ọ bụla n'ime apartments na-enwu gbaa nwere usoro okpomọkụ na usoro mmiri ọkụ pụrụ iche nke na-eme ka ọrụ dịkwuo mfe na ego net dị ogologo.

Ndị na-ahụ maka mmepe ego ọhụrụ gụnyere niile ọhụrụ usoro arụmọrụ, gas tọrọ ya efu, ọhụrụ vidiyo intercom, nke e ji mara ụlọ, na mmezi ndị ọzọ, na-enye ohere maka mgbanwe na usoro akpọrọ n'ụzọ dị ọcha na NZERO na ụgwọ ego oge dị mkpụmkpụ.

Ụlọ mara mma nke pre-war ahu na-enwe ezigbo nlekọta, na-enye nnukwu ụlọ n'ala na-enweghị arụ ọrụ, ma ọ nwere ike izipu na Super nke ahụ jere ozi ogologo oge, tinyere ndị rent free market dị ịrịba ama; ụlọ ahịa nke dị n'ala, eji onye na-eme ihe azụmahịa ogologo oge na-enye ego kwụsiri ike, mgbe apartments 4 dị n'ala bụ ụdị ahịa nke free market, ugbu a na-ejide na ego n'okpuru akara ahịa ume. Nchịkọta maka nrụzi a tọrọ ụlọ na atụmatụ mgbanwe na-enye ohere ịbanye na ego nke ukwuu, mgbe itinyere ihe owuwu ụlọ ahụ n'ogologo.

Zoned C4-6 (R10 kwa) na-enye 9,322+- SF UNUSED AIR RIGHTS, ụlọ ahụ na-anọchite anya akụkọ mmepe ogologo oge na-adọrọ mmasị. Okwu Okwu Okwu ahụ na-eme ka ọ dị mkpa maka ndị na-etinye ego na-eme atụmatụ.

Ma ọ bụrụ na e debere ya dịka itinye ego na-eme ka uru dịkwuo, ibi n'ala na-emepụta ego, ma ọ bụ mmepe ụlọ ọrụ n'ọdịnihu 205 East 120 Street na-apụta dịka akụrụngwa pụrụ iche, na-enweghị atụ n'ụbọchị anụ ọhịa East Harlem nwere ezigbo ụlọ ahịa ogige, nọ n'azụ Hunter College's Silberman School of Social Work, PS 96, na otu akụkụ nke Art Park sculpture gardens, na ohere dị mma maka ahịa, ịzụ ahịa na iri nri gụnyere mpaghara mbụ Patsy's Pizzeria, ma nwee ohere dị mfe n'ụgbọ njem gụnyere FDR, Harlem River Drive na RFK Bridge, 3rd Avenue Bus, 4/5/6 na Metro North.

Rare opportunity to acquire a pristine 100% FREE MARKET RENT mixed use brownstone, this 4-story building consists of 4 sun-flooded residential apartments and 1-commercial unit offering immediate income with significant upside through rent optimization reconfiguration, and air-rights development potential, 205 East 120th Street, New York, NY 10035 is located just east of Third Ave, in one of Manhattan's most dynamic growth corridors with super low expenses and 1031-Exchange ready.

The approximately 3,600+- SF property blends character, efficiency, and flexibility-ideal for both investors or owner-users seeking long-term appreciation with immediate cash flow. Each of the sunny apartments features their own separate heating and hot water systems contributing to streamlined operations and durable net income.

Recent capital improvements include all-new utility systems, fully updated gas lines, new video intercom, upgraded hallways, and major external improvements, allowing for clean ownership transition with ZERO near-term capital exposure.

The beautiful pre-war building has been well maintained, offers a large unfinished basement, and may be delivered with long time Super in place, plus excellent Free Market tenants; Ground floor retail unit is occupied by a longstanding commercial tenant providing stable income, while the 4 residential units are entirely free market, currently rented below projected market levels. A thoughtful renovation and reconfiguration strategy offers potential to significantly increase revenue, while maintaining the building's architectural integrity. Zoned C4-6 (R10 equiv.) and offering 9,322+- SF UNUSED AIR RIGHTS, the property also presents a compelling long term development story. Opportunity Zone designation further enhances its appeal for strategic investors.

Whether positioned as a value-add investment, live-in income producing residence, or a future redevelopment play 205 East 120 Street stands out as a rare, versatile asset in the heart of prime East Harlem on a lovely residential block, across from Hunter College's Silberman School of Social Work, PS 96, and one block from the Art Park sculpture gardens, with excellent grocery, shopping and dining options including Patsy's Pizzeria original location, and easy access to transportation including FDR, Harlem River Drive and RFK Bridge, 3rd Avenue Bus, 4/5/6 and Metro North.